WEST ORANGE, N.J., Feb. 13, 2018 /PRNewswire/ — PEF Services, a leading fund administrator for alternative investment managers, today announced the signing of a new client, Blue Point Capital Partners, a...

With the recent announcement of the closing of its fourth buyout fund, Blue Point has now raised nearly $2.0 billion in capital across four institutional funds. Blue Point will continue its focus on partnering with entrepreneurs and management teams to grow leading middle market companies.

“Until now, we have managed our back office functions with internal resources. Supplementing our internal resources will help support our growth and trend toward greater transparency,” said Colleen Greenrod, Chief Financial Officer of Blue Point Capital Partners. “Blue Point selected PEF Services for its long-standing and experienced client services team, leading technology platform and ability to help us scale operations as we kick off our fourth fund.”

PEF Services is nationally recognized as one of the top boutique fund administrators and back-office specialists for both General Partners and Limited Partners in the alternative asset space. The Firm’s services include partnership accounting, financial reporting, capital call and distribution processing, investor capital account maintenance, audit and tax return support and coordinated fulfillment of all investor deliverables.

“PEF supports our clients with a complete range of services and best-in-class technologies,” said Hank Boggio, Chief Revenue Officer of PEF Services. “We’re delighted to welcome Blue Point to our family of clients and look forward to helping them achieve greater efficiencies while providing superior service to their investors.”

About Blue Point Capital PartnersBlue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors, while providing the resources of a larger, global organization. The Blue Point partner group has a 19-year track record of partnering with companies in the lower middle-market to facilitate growth and transformative change. It is one of only a few middle market private equity firms with a presence in both the United States and China, which provides a distinct advantage for its portfolio companies. Blue Point typically invests in businesses that generate between $20 million and $200 million in revenue.

INDIANAPOLIS, Nov. 19, 2018 /PRNewswire/ — International Medical Group® (IMG®) is pleased to announce that it will be adding WorldAware’s security and travel intelligence services to its products and...